Demo Day FE Xcelerate Vietnam
FE Xcelerate inaugural cohort concludes on March 26.
Honoured to be part of co-creating innovative solutions for the largest consumer finance player in Vietnam – FE Credit. Supported by GoMedici (19 March 2020).
Nominated: Credit Management & Collection Awards
We are honoured to be nominated for the Credit Management & Collection Awards, category Technology Innovation.
The fifth edition will be held on March 12, 2020 in Milano, Italy. The Credit Management & Collection Awards is an initiative of StopSecret Magazine (18 February 2020).
CreditRobo Questionnaire available in >15 languages
The CreditRobo questionnaire is currently available in English, Spanish, Dutch, Czech, Polish, Turkish, Italian, French, Japanese, Russian, Vietnamese, Sinhalese, Bengali, Ukrainian, Georgian, Romanian and Filipino/Tagalog (10 February 2020).
Artificial intelligence credit risk prediction
Global consumer lending has seen a compound annual growth rate of 4.8% forecasted to 2020. The financial system is once again at risk; it is a decade since the credit crunch, yet the causes have not been solved; however, the outstanding amount of credit doubled compared to the lending volume of 2008.
Read all about AI tools for risk prediction in “Artificial intelligence credit risk prediction: An empirical study of analytical artificial intelligence tools for credit risk prediction in a digital era” by Diederick van Thiel, CEO of AdviceRobo.
The article is published in Journal of Risk Management in Financial Institutions (6 February 2020)
MyCreditRobo currently available in 10 languages
MyCreditRobo tool is currently available in 10 languages: English, Spanish, Dutch, Czech, Polish, Turkish, Italian, French, Japanese and Russian. More to come…
Want to take MyCreditRobo for a test drive? You get 20 psychographic scores for free when you sign up. (23 January 2020)
AdviceRobo selected in FE CREDIT Xcelerate accelerator program
FE CREDIT, Vietnam’s largest consumer finance company, officially launched the first cohort of the FE Xcelerate business accelerator program. AdviceRobo is extremely honoured to be one of the selected startups to co-create innovative solutions for the Vietnamese market for the next 3 months.
A total of 10 startups were selected from over 170 participants that applied for the inaugural cohort. MEDICI will support the program (27 December 2019).
8 start-ups have entered Think Forward Initiative 2019 Growth Track
The Think Forward Initiative (TFI) has sent 8 fintechs into the 2019 Growth Track. The goal? To help improve the financial health of the millions of Europeans struggling to make ends meet.
A Lending Revolution for Smaller Lenders: MyCreditRobo
Pychographic credit scoring is not only affordable for big banks, but for smaller lenders as well. Credit unions, P2P lending platforms, NextGen banks, FinTech start-ups and others providing credit to consumers and SME’s can assess creditworthiness using psychographics.
Diederick van Thiel, AdviceRobo CEO: “We fully support lenders applying new digital tools. Assessing creditworthiness making use of additional data and new technologies, is available for all lenders. This is a revolutionary step into the future for all lenders”. Read the Press Release.
Strategic Partnership Abbrevia and AdviceRobo
Very happy to announce the strategic partnership between Abbrevia and AdviceRobo (in Italian). « We are proud that AdviceRobo has chosen us to start this new adventure in Italy”, says Cosimo Cordaro, CEO of Abbrevia.
Abbrevia is specialized in whether a debtor has the economic and financial capacity to settle the obligation. Therefore, Abbrevia evaluates consumers and businesses (8 November 2019).